Renting Out Your Suite – Things to Consider Category: Renting
Posted by Niels Madsen on
Thinking of buying a home with a suite and renting it out? This can be a great idea to not only offset the cost of home expenses but can also potentially help with qualifying for a mortgage. However, it's essential to understand the intricacies and responsibilities that come with a suite. Here are some considerations, from financial implications to legal responsibility to being a landlord.